Supermarket stocks
Bed bath and beyond - Shares of Bed Bath & Beyond fell 2% before the bell, building on a 26% loss from Thursday's session. The collapse comes after the company warned again that it would need to file for bankruptcy protection if a $300 million stock offering fails.
Nicholas - The electric car maker fell 5% after announcing plans to raise $100 million through a secondary offering or, if necessary, a private equity sale.
virgin orbit - Virgin Orbit lost nearly 43% after announcing it would suspend operations "for the foreseeable future" because it could not find financing. Virgin Orbit also said it would lay off around 90% of its workforce.
Digital world Acquisitions - A SPAC linked to former President Donald Trump jumped nearly 19% in early trading Friday. The action was followed by a grand jury in New York City in the US that indicted Trump on charges of "huge money" that he paid before the 2016 campaign.
Blackberry - Shares fell nearly 2% after the software company reported fourth-quarter earnings that fell short of consensus estimates. The company's top line came in at $151 million, while analysts and Street Account had expected revenue of $154 million.
Generic Holdings - The power system provider fell 3.7% after being downgraded from neutral by Bank of America. The company said its generics guidance for fiscal 2023 appears to be insufficient with pressure from its residential segment.
Regional bank stocks - Some regional bank stocks that have struggled in recent weeks rose on Friday. Repository of the First Republic Gained 1.7% while Zions Bancorporation , PacWest and KeyCorp Each increased by about 0.6%. SPDR S&P Regional Banking ETF Changed to +0.4%. UBS noted that bank lending from the Fed eased last week, a sign that monetary conditions may be under control after a difficult month for the major sector.
stock market todey
Our website address is: https://micronewss.com.